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Equipment Lease and Loan Finance Software Platform

Executive Leadership

Philip Rieck

Philip Rieck


Philip Rieck is the Senior Vice President and Chief Technology Officer at LTi and is responsible for leading product development and information technology, as well as defining LTi’s technical strategy and vision. He has spent the majority of his career in the equipment finance industry, gaining experiences in areas such as software development, product management, and cross-functional delivery of software.  Immediately prior to joining LTi, Philip was a Principle at Sogeti, and head of their finance technology practice in the Midwest. While Senior Vice President and Chief Technology Officer is his primary job function by day, Philip also enjoys mentoring First Lego League teams and astrophotography with his son.

Philip has presented at a number of different technical conferences, including Heartland Developer’s Conference, Infotec, Microsoft’s Professional Developers Conference, and multiple regional developer groups.

More To Explore

The 35th Annual ELFA Funding Conference: Navigating Challenges & Building Relationships

While the challenges in certain sectors of our marketspace loomed large, this year’s conference exuded a sense of optimism and determination. Many participants leveraged the platform to capitalize on new opportunities or cultivate relationships to navigate the turbulent waters we face. Despite the headwinds encountered in Q1, the prevailing sentiment was one of unwavering positivity and resilience. It was a poignant reminder of our collective strength and adaptability in the face of adversity.

Equipment Leasing News at a Glance

Top Five Highlights From The 2024 ELFA National Funding Conference

Top Five Key Strategic Insights from the 2024 National ELFA Funding Conference: 1. Optimism in the Equipment Finance Industry especially in sectors such as small ticket/vendor, middle market and structured finance. 2. Strategic Growth and Innovation as strategic decisions to diversity portfolios into higher margin sectors emerge that take advantage of powerful state of the art technology. 2. Rise of Private Equity and Private Credit creating niches in Equipment Finance ecosystem. Combined with newly emerging financial backing with traditional bank lessors on large transactions, they will be a disruptive force driving industry change. 4. Captive Finance Companies Experience Shift as they actively seek additional sources of capital to sustain their growth as their manufacturers equipment prices continue to grow. 5. Evolution in Bank Equipment Finance Marketplace as they continue to evolve and focus on larger project finance opportunities such as Clean Energy, Railcar Financing and projects funded with depositor relationships.